I/S BREDGADE 35 — Credit Rating and Financial Key Figures

CVR number: 27990606
Kong Christians Alle 6, 9000 Aalborg
kj@wagnerlaw.dk
tel: 70707192

Company information

Official name
I/S BREDGADE 35
Established
2004
Company form
General partnership
Industry

About I/S BREDGADE 35

I/S BREDGADE 35 (CVR number: 27990606) is a company from AALBORG. The company recorded a gross profit of 886.7 kDKK in 2023. The operating profit was -692.7 kDKK, while net earnings were 370 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. I/S BREDGADE 35's liquidity measured by quick ratio was 4.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit769.001 015.791 053.941 081.10886.72
EBIT544.001 015.791 980.94-2 218.90- 692.67
Net earnings880.001 296.822 783.24-1 662.59370.02
Shareholders equity total14 042.0014 571.6217 335.7315 650.9815 994.22
Balance sheet total (assets)23 567.0023 335.8625 284.7824 502.1623 383.71
Net debt7 703.006 410.964 634.193 136.921 637.38
Profitability
EBIT-%
ROA4.3 %6.0 %11.9 %-6.1 %2.7 %
ROE6.4 %9.1 %17.4 %-10.1 %2.3 %
ROI4.3 %6.0 %11.9 %-6.3 %2.9 %
Economic value added (EVA)- 524.01-36.20967.21-3 282.21-1 600.65
Solvency
Equity ratio59.6 %62.4 %68.6 %63.9 %68.4 %
Gearing67.6 %59.5 %45.2 %45.0 %39.5 %
Relative net indebtedness %
Liquidity
Quick ratio7.56.87.83.24.9
Current ratio7.56.87.83.24.9
Cash and cash equivalents1 784.002 261.143 205.483 903.944 672.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBBA

Variable visualization

ROA:2.72%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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